Lexington Realty Trust (LXP) Tops Q1 EPS by 11c, AFFO of $0.23
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Lexington Realty Trust Reports First Quarter 2017 Results
May 9, 2017 6:02 AM EDTNEW YORK, May 09, 2017 (GLOBE NEWSWIRE) -- Lexington Realty Trust (Lexington) (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the first quarter ended March 31, 2017.
First Quarter 2017 Highlights
Generated Net Income attributable to common shareholders of $40.4 million, or $0.17 per diluted common share.Generated Adjusted Company Funds From Operations available to all equityholders and unitholders - diluted (Adjusted Company FFO) of $57.8 million, or $0.23 per diluted common share.Acquired two industrial properties... More